WASHINGTON (Reuters) - Chief executives from corporations such as Goldman Sachs and Deloitte LLP met with President Barack Obama on Wednesday and offered support for resolving U.S. fiscal problems with an approach that included higher tax rates for wealthy Americans.

BofA, Citigroup Lose Bid to Dismiss FHFA Mortgage Suits Businessweek Bank of America Corp. (BAC) and Citigroup Inc. (C) are among banks that lost bids to dismiss lawsuits filed by the Federal Housing Finance Agency over mortgage bonds sold to Fannie Mae (FNMA) and Freddie Mac. U.S. District Judge Denise Cote in ...

Geithner Meets With Congress Leaders Tomorrow, Treasury Says Bloomberg U.S. Treasury Secretary Timothy F. Geithner will meet with leaders in Congress tomorrow "to continue discussing the actions we need to take to keep our economy growing and find a balanced approach to reduce our deficit," the Department said in a ...

Home Refinancing Program Use Up 75 Percent, DeMarco Says Bloomberg About 700,000 homeowners refinanced their mortgages through the U.S. government&#39;s Home Affordable Refinancing Program in the first nine months of this year, an increase of 75 percent over all of last year, the overseer of Fannie Mae (FNMA) and Freddie ... and more&nbsp;&raquo;

Training videos have been created to help companies better understand and assist MLOs with the NMLS Annual Renewal process. These videos demonstrate three options available to MLOs. The videos can be found on the Annual Renewal page.

Fears of the fiscal cliff could be impacting potential buyers already. The new home sales monthly number from the U.S. Department of Commerce is based on signed contracts, not closings, so it is a clear gauge of what potential buyers are feeling right now.

Republican House Speaker John Boehner expressed optimism Wednesday that a deal with President Barack Obama could be reached to avert a plunge down the "fiscal cliff." He said he's willing to put revenues on the table if they are accompanied by spending cuts.

Sales of New Homes in US Fell 0.3% in October Bloomberg Purchases of new U.S. homes unexpectedly declined in October, showing limited progress in the housing market recovery. Sales dropped 0.3 percent to a 368,000 annual pace following a revised 369,000 rate in September that was weaker than initially ...

The war against people who work for a living in this country continues with the "Grand Bargain" that will slash social spending by trillions on programs that benefit the most vulnerable among us and also "reform" Social Security and Medicare. We at Heist: Who Stole the American Dream? see the cruel irony in this brazen attempt to further erode living standards for the 98 percent. Today, some 70 percent of Americans pay more in payroll taxes than they do in income taxes! Social Security and Medicare are not "entitlement" programs. Hard-working Americans along with their employers pay into this system their entire working lives. But rather than tax corporations and the super rich by allowing the Bush tax cuts to expire, apparently President Obama, Congress and the corporate-financial class on Wall Street would prefer instead to "balance" the budget on the backs of working Americans. Sen. Bernie Sanders points out in HEIST the callous indifference inherent in Washington's march toward austerity: "Let's go after little kids, let's go after the elderly, let's go after the sick, let's go after the most vulnerable, but apparently in the Senate we can't ask Chevron to pay taxes." How much more can working people give up before they rise up? The tally so far? Across the board, wages have stagnated since the mid-'70s, more than 40 million good-paying jobs with benefits have been shipped overseas, trade agreements that benefit the corporate and shareholder classes prevail, employers are asking workers to pay more for health care, risky 401(k)s have replaced guaranteed defined benefit pensions, and now the 1 percent is going after the one element of FDR's New Deal that remains -- Social Security! Austerity as described by Webster: difficult economic conditions created by government measures to reduce a budget deficit, especially by reducing public expenditures. So what is in effect here is the Golden...

New York Fed&#39;s Potter Says QE3 Has Pushed Down Mortgage Rates Businessweek Simon Potter, the Federal Reserve Bank of New York&#39;s markets group chief, said the central bank&#39;s third round of bond buying has had a "large effect" on mortgage bonds and pushed down interest rates on home loans. Potter commented today while ...

Deutsche Bank Sued Over Home Mortgage-Backed Securities Bloomberg Deutsche Bank AG, Germany&#39;s largest lender, was sued by a trustee claiming that some securities sold by a unit of the bank were backed by home-mortgage loans taken out by fraudulent borrowers. DB Structured Products Inc.&#39;s pool of more than 1,500 ...

Treasuries Volatility Falls to Five-Year Low Bloomberg Treasury market volatility dropped to the lowest level in five years as the pending U.S. fiscal cliff and Europe&#39;s debt crisis kept alive demand for the relative safety of government debt. Bank of America Merrill Lynch&#39;s MOVE index, which measures price swings ...

TORONTO/BERLIN (Reuters) - Deep divisions at the Federal Reserve were on display on Tuesday, just two weeks before the U.S. central bank's next policy-setting meeting, with one top Fed official pushing for more easing, and another advocating limits.

U.S. Mortgage-Backer Role Grows as Fiscal Talks Delay Fix Bloomberg The federal government&#39;s role as the backer of most U.S. home loans is becoming entrenched as fiscal issues distract Congress and the White House from a housing- finance overhaul that would shift more risk to private capital, according to lawmakers and ... and more&nbsp;&raquo;

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